GREY:ALXDF - Post by User
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NextPhaseon Feb 13, 2018 4:21pm
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Post# 27553354
RE:RE:RE:RE:Breaking: Open Letter to Shareholders of Alexandria Minerals
RE:RE:RE:RE:Breaking: Open Letter to Shareholders of Alexandria Mineralseasycoder,
Yeah, I think it's actually could be good news that EO has issued this threat, because he has created a legit alternative to what is being proposed by the BoD. The BoD needs close to 250 million shares to approve anything, and I don't see AZX shareholders voting for a poor deal.
I also think there is a legit debate about selling now or later, but it all depends on to who and for how much. I agree with EO though that we should release the resource estimate before considering and voting on strategic alternatives. So far, I have not seen anything to confirm the BoD won't release the resource estimate first.
We just need to stay objective and not panic. haha :-)
NP